NVR (NYSE:NVR) Hits New 52-Week High at $9,815.25

Shares of NVR, Inc. (NYSE:NVR) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $9,815.25 and last traded at $9,786.71, with a volume of 2780 shares trading hands. The stock had previously closed at $9,559.97.

NVR Trading Up 1.5 %

The company has a market capitalization of $30.39 billion, a P/E ratio of 19.96, a price-to-earnings-growth ratio of 2.55 and a beta of 1.18. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. The firm has a fifty day moving average price of $8,929.72 and a 200-day moving average price of $8,125.39.

NVR (NYSE:NVR) last announced its quarterly earnings data on Tuesday, July 23rd. The construction company reported $120.69 earnings per share for the quarter, missing analysts’ consensus estimates of $121.65 by ($0.96). The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. On average, equities research analysts anticipate that NVR, Inc. will post 500.67 earnings per share for the current year.

Insider Activity

In other NVR news, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction on Friday, July 26th. The stock was sold at an average price of $8,650.00, for a total value of $1,513,750.00. Following the completion of the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,989,500. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other NVR news, CAO Matthew B. Kelpy sold 175 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $8,650.00, for a total value of $1,513,750.00. Following the completion of the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at $1,989,500. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the business’s stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief accounting officer now owns 230 shares in the company, valued at $1,955,000. The disclosure for this sale can be found here. Insiders sold a total of 648 shares of company stock worth $5,547,709 in the last quarter. 7.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of NVR. TD Asset Management Inc raised its stake in shares of NVR by 143.8% during the 2nd quarter. TD Asset Management Inc now owns 24,020 shares of the construction company’s stock worth $182,277,000 after acquiring an additional 14,167 shares in the last quarter. Acadian Asset Management LLC lifted its stake in shares of NVR by 321.1% in the 1st quarter. Acadian Asset Management LLC now owns 14,371 shares of the construction company’s stock valued at $116,389,000 after purchasing an additional 10,958 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in NVR by 98.9% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 17,469 shares of the construction company’s stock worth $141,498,000 after acquiring an additional 8,684 shares in the last quarter. Epoch Investment Partners Inc. boosted its stake in shares of NVR by 56.0% in the second quarter. Epoch Investment Partners Inc. now owns 22,680 shares of the construction company’s stock worth $172,109,000 after acquiring an additional 8,140 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its position in shares of NVR by 108.3% in the first quarter. Russell Investments Group Ltd. now owns 12,147 shares of the construction company’s stock valued at $98,215,000 after purchasing an additional 6,315 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

NVR Company Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.